What was the net decrease/increase in cash for Dryject in 2022?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
| | (34,967) | | SBA grant | | | | 13,500 | | Net loss | 33 | (43,014) | F | (21,467) | | Member's capital - beginning | | 51,398 | | 72,865 | | Member's capital - ending | $ | 8,384 | $ | 51,398 |
DRYJECT MANAGEMENT, LLC STATEMENT OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021
| - | 2022 | - | 2021 | |
|---|---|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||||
| Net loss | $ | (43,014) | $ | (21,467) |
| Adjustments to reconcile net income to | ||||
| net cash provided by operating activities: | ||||
| Amortization Amortization of interest expense (Increase) decrease in: | 150,916 4,287 | 150,915 4,287 | ||
| Accounts receivable Increase (decrease) in: | (73,272) | 80,378 | ||
| Accounts payable | 22,094 | 37,626 | ||
| Accrued expenses | 8,516 | 762 | ||
| Net cash provided by operating activities | - |
Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)
What This Means (2025 FDD)
According to Dryject's 2025 Franchise Disclosure Document, the company experienced a net decrease in cash of $77,782 in 2022. This figure is derived from the statement of cash flows, which tracks the movement of cash both into and out of the company. Understanding the cash flow statement is crucial for prospective franchisees as it provides insights into the financial health and liquidity of Dryject.
Specifically, the statement of cash flows categorizes cash flow activities into operating, investing, and financing activities. In 2022, Dryject's net decrease in cash was influenced by various factors, including a net loss of $43,014 and payments on long-term debt totaling $147,309. These factors contributed to the overall decrease in cash for the year.
For a potential Dryject franchisee, this information highlights the importance of carefully analyzing the company's financial statements and understanding the factors that impact its cash flow. While a decrease in cash may raise concerns, it is essential to consider the underlying reasons and whether they are indicative of broader financial challenges or strategic investments. Reviewing Dryject's cash flow trends over multiple years, as well as comparing them to industry benchmarks, can provide a more comprehensive assessment of the company's financial performance.